Land for Auction Narasaraopet Guntur 27.2 Lakh by Indian Overseas Bank 29 Jun 2026
Narasaraopet, Guntur
Area: 98.22 sq.yds
Door No. 4-3-25, Narasaraopet Municipal Old Ward No.1, New Ward No.4, Near Patur Sivalayam, Old Survey D.No.355/A, Ts. No. 676,677, Block No.1/8, Old Assessment No.5073, New Assessment No.6065
Indian Overseas Bank · Narasaraopet Branch
Reserve price
₹27,23,000
EMD ₹2,72,300
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 98.22 sq.yds
- ▸Locality: Narasaraopet
- ▸Reserve: ₹27,23,000
- ▸EMD: ₹2,72,300
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Narasaraopet |
| Built-up / plot area | 98.22 sq.yds |
| Lender | Indian Overseas Bank |
| Branch | Narasaraopet Branch |
| Unit / flat no. | Door No. 4-3-25 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Narasaraopet, Guntur by Indian Overseas Bank — reserve price ₹27,23,000, 98.22 sq.yds, Symbolic possession.
Secure your future with a prime bank auction land plot for sale in Narasaraopet, Guntur, Andhra Pradesh. This residential plot, Door No. 4-3-25, is strategically located in the Narasaraopet Municipal Old Ward No.1, New Ward No.4, near Patur Sivalayam. Offered by Indian Overseas Bank, the property measures 98.22 Sq.yds (equivalent to 82.5 sq.mts) and promises excellent investment potential. The e-auction is scheduled for June 29, 2026, from 11:00 AM to 02:00 PM, with a reserve price of ₹2,723,000.0 and an EMD of ₹272,300.0. Property inspection starts from June 12, 2026, with prior appointment. This is an ideal opportunity to acquire a valuable piece of land through a transparent bank auction.
GeoSquare note: This land plot in a Narasaraopet Municipal area presents a strong investment opportunity due to its location and clear 'NIL' encumbrance status. The detailed boundaries and specified area make it appealing. While possession is symbolic, the transparent auction process and clear terms, including a defined reserve price and EMD, enhance its attractiveness. It's a good option for future development or capital appreciation.
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